Real Exchange Rate Volatility and the Price of Nontradables in Sudden-Stop-Prone Economies /
This paper shows that the dominant view that the high variability of real exchange rates is due to movements in exchange rate-adjusted prices of tradable goods does not hold for Mexican data for periods with a managed exchange rate. The relative price of nontradables accounts for up to 70 percent of...
| Päätekijä: | |
|---|---|
| Aineistotyyppi: | Aikakauslehti |
| Kieli: | English |
| Julkaistu: |
Washington, D.C. :
International Monetary Fund,
2006.
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| Sarja: | IMF Working Papers; Working Paper ;
No. 2006/088 |
| Linkit: | Full text available on IMF |